Logo image of BRE.CA

BRIDGEMARQ REAL ESTATE SERVI (BRE.CA) Stock Fundamental Analysis

Canada - TSX:BRE - CA10808B1085 - Common Stock

13.9 CAD
+0.07 (+0.51%)
Last: 10/14/2025, 7:00:00 PM
Fundamental Rating

4

Taking everything into account, BRE scores 4 out of 10 in our fundamental rating. BRE was compared to 29 industry peers in the Real Estate Management & Development industry. While BRE is still in line with the averages on profitability rating, there are concerns on its financial health. BRE is valied quite expensively at the moment, while it does show a decent growth rate. Finally BRE also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

In the past year BRE has reported negative net income.
BRE had a positive operating cash flow in the past year.
Of the past 5 years BRE 4 years were profitable.
Each year in the past 5 years BRE had a positive operating cash flow.
BRE.CA Yearly Net Income VS EBIT VS OCF VS FCFBRE.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M

1.2 Ratios

BRE has a Return On Assets of -10.38%. This is amonst the worse of the industry: BRE underperforms 86.21% of its industry peers.
BRE's Return On Invested Capital of 161.44% is amongst the best of the industry. BRE outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BRE is significantly above the industry average of 11.82%.
The 3 year average ROIC (229.29%) for BRE is well above the current ROIC(161.44%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA -10.38%
ROE N/A
ROIC 161.44%
ROA(3y)9.5%
ROA(5y)7.08%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)229.29%
ROIC(5y)142.6%
BRE.CA Yearly ROA, ROE, ROICBRE.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200 300 400 500

1.3 Margins

The Operating Margin of BRE (3.72%) is worse than 72.41% of its industry peers.
BRE's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 98.53%, BRE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
BRE's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 3.72%
PM (TTM) N/A
GM 98.53%
OM growth 3Y-51.34%
OM growth 5Y-33.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y-0.06%
BRE.CA Yearly Profit, Operating, Gross MarginsBRE.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

3

2. Health

2.1 Basic Checks

BRE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, BRE has about the same amount of shares outstanding.
The number of shares outstanding for BRE remains at a similar level compared to 5 years ago.
BRE has a better debt/assets ratio than last year.
BRE.CA Yearly Shares OutstandingBRE.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M
BRE.CA Yearly Total Debt VS Total AssetsBRE.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

2.2 Solvency

BRE has an Altman-Z score of 0.51. This is a bad value and indicates that BRE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.51, BRE is not doing good in the industry: 75.86% of the companies in the same industry are doing better.
The Debt to FCF ratio of BRE is 12.34, which is on the high side as it means it would take BRE, 12.34 years of fcf income to pay off all of its debts.
BRE has a Debt to FCF ratio of 12.34. This is in the better half of the industry: BRE outperforms 65.52% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 12.34
Altman-Z 0.51
ROIC/WACC16.44
WACC9.82%
BRE.CA Yearly LT Debt VS Equity VS FCFBRE.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

2.3 Liquidity

BRE has a Current Ratio of 0.45. This is a bad value and indicates that BRE is not financially healthy enough and could expect problems in meeting its short term obligations.
BRE has a worse Current ratio (0.45) than 72.41% of its industry peers.
BRE has a Quick Ratio of 0.45. This is a bad value and indicates that BRE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BRE (0.45) is worse than 72.41% of its industry peers.
Industry RankSector Rank
Current Ratio 0.45
Quick Ratio 0.45
BRE.CA Yearly Current Assets VS Current LiabilitesBRE.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

5

3. Growth

3.1 Past

The earnings per share for BRE have decreased strongly by -313.79% in the last year.
Looking at the last year, BRE shows a very strong growth in Revenue. The Revenue has grown by 184.77%.
Measured over the past years, BRE shows a very strong growth in Revenue. The Revenue has been growing by 51.22% on average per year.
EPS 1Y (TTM)-313.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-185.7%
Revenue 1Y (TTM)184.77%
Revenue growth 3Y91.16%
Revenue growth 5Y51.22%
Sales Q2Q%-1.89%

3.2 Future

Based on estimates for the next years, BRE will show a very negative growth in Earnings Per Share. The EPS will decrease by -41.21% on average per year.
The Revenue is expected to grow by 14.74% on average over the next years. This is quite good.
EPS Next Y-82.72%
EPS Next 2Y-41.21%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year22.94%
Revenue Next 2Y14.74%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
BRE.CA Yearly Revenue VS EstimatesBRE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20B 40B 60B 80B
BRE.CA Yearly EPS VS EstimatesBRE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 0.2 0.4 0.6 0.8

2

4. Valuation

4.1 Price/Earnings Ratio

BRE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 49.15 indicates a quite expensive valuation of BRE.
BRE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BRE is cheaper than 68.97% of the companies in the same industry.
BRE's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.99.
Industry RankSector Rank
PE N/A
Fwd PE 49.15
BRE.CA Price Earnings VS Forward Price EarningsBRE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30 40

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BRE indicates a rather cheap valuation: BRE is cheaper than 93.10% of the companies listed in the same industry.
BRE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BRE is cheaper than 68.97% of the companies in the same industry.
Industry RankSector Rank
P/FCF 17.48
EV/EBITDA 7.47
BRE.CA Per share dataBRE.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40

4.3 Compensation for Growth

A cheap valuation may be justified as BRE's earnings are expected to decrease with -41.21% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-41.21%
EPS Next 3YN/A

7

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 9.57%, BRE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.40, BRE pays a better dividend. On top of this BRE pays more dividend than 96.55% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, BRE pays a better dividend.
Industry RankSector Rank
Dividend Yield 9.57%

5.2 History

The dividend of BRE has a limited annual growth rate of 0.04%.
BRE has paid a dividend for at least 10 years, which is a reliable track record.
BRE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.04%
Div Incr Years1
Div Non Decr Years13
BRE.CA Yearly Dividends per shareBRE.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

BRE has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-69.79%
EPS Next 2Y-41.21%
EPS Next 3YN/A
BRE.CA Yearly Income VS Free CF VS DividendBRE.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M

BRIDGEMARQ REAL ESTATE SERVI

TSX:BRE (10/14/2025, 7:00:00 PM)

13.9

+0.07 (+0.51%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)08-14 2025-08-14
Earnings (Next)11-13 2025-11-13
Inst Owners0.06%
Inst Owner ChangeN/A
Ins Owners1%
Ins Owner ChangeN/A
Market Cap131.77M
Analysts45.71
Price Target15.81 (13.74%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 9.57%
Yearly Dividend1.35
Dividend Growth(5Y)0.04%
DP-69.79%
Div Incr Years1
Div Non Decr Years13
Ex-Date09-29 2025-09-29 (0.1125)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-13.89%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 49.15
P/S 0.32
P/FCF 17.48
P/OCF 14.53
P/B N/A
P/tB N/A
EV/EBITDA 7.47
EPS(TTM)-2.19
EYN/A
EPS(NY)0.28
Fwd EY2.03%
FCF(TTM)0.8
FCFY5.72%
OCF(TTM)0.96
OCFY6.88%
SpS43.7
BVpS-9.08
TBVpS-16.3
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -10.38%
ROE N/A
ROCE 278.9%
ROIC 161.44%
ROICexc N/A
ROICexgc N/A
OM 3.72%
PM (TTM) N/A
GM 98.53%
FCFM 1.82%
ROA(3y)9.5%
ROA(5y)7.08%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)229.29%
ROIC(5y)142.6%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)396.11%
ROCE(5y)246.35%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-51.34%
OM growth 5Y-33.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y-0.06%
F-Score4
Asset Turnover2.34
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 12.34
Debt/EBITDA 3.15
Cap/Depr 11.61%
Cap/Sales 0.37%
Interest Coverage 1.03
Cash Conversion 31.75%
Profit Quality N/A
Current Ratio 0.45
Quick Ratio 0.45
Altman-Z 0.51
F-Score4
WACC9.82%
ROIC/WACC16.44
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-313.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-185.7%
EPS Next Y-82.72%
EPS Next 2Y-41.21%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)184.77%
Revenue growth 3Y91.16%
Revenue growth 5Y51.22%
Sales Q2Q%-1.89%
Revenue Next Year22.94%
Revenue Next 2Y14.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-15.91%
EBIT growth 3Y-6.98%
EBIT growth 5Y0.12%
EBIT Next Year243.15%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-43.35%
FCF growth 3Y0.94%
FCF growth 5Y0.3%
OCF growth 1Y-31.87%
OCF growth 3Y4.14%
OCF growth 5Y1.85%